Mineral wool market in Lithuania

Earlier Report Observations

From 2018 to 2021, the mineral wool market volume in Lithuania grew from 44 000 tons to 52 000 tons, peaking in 2021. The increase in 2020 was particularly notable at 14%. During this period, Lithuania established itself as a key global exporter of mineral wool.

After 2021, market volume contracted, falling to 42 000 tons in 2023. By 2024, the market stabilized at 42 000 tons. This stabilization coincided with steady demand growth in the European mineral wool market, which reached 4.4 million tons in volume in 2024.

Lithuanian exports of mineral wool amounted to approximately 57 000 tons in 2024, representing about 7.4% of total European exports. However, Lithuania's share in Eastern European exports had been declining since 2012, indicating a shift in competitive positioning.

Production mineral wool in Lithuania

In value, 2018-2021, K $ US

Lithuania's mineral wool production, measured in monetary terms, rebounded after two years of decline. In 2021, output reached 62 787 thousand US dollars, marking a modest 7.3% increase compared to 2020. Looking at the broader period from 2018 to 2021, production decreased by 4.6%, which translates to an average annual decline of 1.6%. The lowest point occurred in 2020, with production valued at 58 493 thousand US dollars. The most significant drop was recorded in 2019, when production fell by 5.8%.

Annual dynamics of production in Lithuania in value, 2018-2021, K $ US

In kind, 2018-2021, t

Mineral wool production in Lithuania, measured in physical volume, declined after two years of growth. In 2021, Lithuania produced 88 948 tonnes of mineral wool, representing a slight decrease of 2.7% compared to 2020. Production peaked in 2020 at 91 387 tonnes, with the largest increase of 1.9% also occurring that year.

Annual dynamics of production in Lithuania in kind, 2018-2021, t

Exports mineral wool from Lithuania

Exports in kind, t

Lithuania's mineral wool exports, measured in physical volume, declined for the third consecutive year. In 2021, the country exported 61 016 tonnes, down 5.4% from 2020. Over the period from 2018 to 2021, exports decreased by 9%, averaging an annual decline of 3.1%.

Annual dynamics of product's exports from Lithuania in kind, 2018-2021, t

From 2018 to 2021, Poland, Latvia, and Estonia were the primary destinations for Lithuania's mineral wool exports in physical terms. Poland accounted for 36.3% of exports, Latvia for 23.3%, and Estonia for 12.6%. Together, these three countries represented 72.1% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Lithuania in kind, 2018-2021

Exports in value, K $ US

Lithuania's mineral wool exports, measured in monetary terms, increased after two years of decline. In 2021, exports reached 39 798 thousand US dollars, showing a year-on-year rise of 2.1%. However, over the broader period from 2018 to 2021, exports decreased by 4.6%, averaging an annual decline of 1.6%. The lowest value was recorded in 2020 at 38 977 thousand US dollars, with the largest drop of 4.9% also occurring that year.

Annual dynamics of product's exports from Lithuania in value, 2018-2021, K $ US

From 2018 to 2021, Poland, Latvia, and Estonia were the key contributors to Lithuania's mineral wool exports in value terms. Poland accounted for 31.8% of exports, Latvia for 25.4%, and Estonia for 15.3%. Collectively, these three markets represented 72.6% of total export flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Lithuania in value, 2018-2021

Imports mineral wool to Lithuania

Imports in kind, t

Lithuania's mineral wool imports, measured in physical volume, increased for the second consecutive year. In 2021, imports totaled 24 259 tonnes, up 1.4% from the previous year. Over the period from 2018 to 2021, imports grew by 8.6%, averaging an annual increase of 2.8%. The lowest point was in 2019, with imports at 21 435 tonnes, when the largest decline of 4.1% was recorded. The most significant increase occurred in 2020, with imports rising by 11.6%.

Annual dynamics of product's imports to Lithuania in kind, 2018-2021, t

From 2018 to 2021, the main sources of mineral wool imports to Lithuania in physical terms were Poland, Russia, and Czechia. Poland accounted for 57.8% of imports, Russia for 19.3%, and Czechia for 4.9%. Together, these three countries supplied 82.0% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Lithuania in kind, 2018-2021

Imports in value, K $ US

Lithuania's mineral wool imports, measured in monetary terms, increased for the second consecutive year. In 2021, imports amounted to 17 539 thousand US dollars, reflecting a modest year-on-year advance of 3.1%. The lowest value was recorded in 2019 at 16 184 thousand US dollars, when the largest decline of 6.1% occurred. The most significant increase was in 2020, with imports rising by 5.1%.

Annual dynamics of product's imports to Lithuania in value, 2018-2021, K $ US

From 2018 to 2021, three main markets—Poland, Russia, and Czechia—collectively accounted for 73.0% of Lithuania's total mineral wool imports in value terms.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Lithuania in value, 2018-2021